Latest News - page 337

 

Army Corps Awards Contract for Corpus Christi Channel Improvement

Sep 27, 2021

The U.S. Army Corps of Engineers (USACE) on Friday awarded a $139 million construction contract to Great Lakes Dredge & Dock Company, LLC. (GLDD), to complete the third phase of the landmark Port of Corpus Christi Ship Channel Improvement Project (CIP)…

Transatlantic Container Shipping Spot Rates Jump 210% -BIMCO

Sep 24, 2021

For almost three months now, the spot freight rate for containerized goods shipped by sea from North Europe to the U.S. East Coast has been 210% higher than last year (July 1 – September 23), according to shipping organization BIMCO.It wasn’t until April 1…

Puget Sound Pilots Welcomes New Executive Director

Sep 23, 2021

The Puget Sound Pilots are pleased to announce the hiring of Charles Costanzo as Executive Director.Costanzo joins Puget Sound Pilots after over a decade at The American Waterways Operators where he served as General Counsel and Vice President – Pacific Region…

JAX LNG and TOTE Complete US' First Renewable LNG Bunkering

Sep 23, 2021

JAX LNG, a small-scale LNG facility located along the St. Johns River in Jacksonville, Fla., recently completed the first fueling of a marine vessel in the United States with a blend of liquefied natural gas (LNG) and renewable LNG (RLNG).JAX…

Arctic Shipping Requires New Ways to Manage Risks

Sep 23, 2021

In February 2021, LNG carrier Christophe de Margerie, escorted by a nuclear icebreaker, became the first large-capacity cargo vessel to transit the eastern sector of the Northern Sea Route (NSR). The voyage demonstrated that year-round safe…

Synergy to Take Over Maersk Tankers’ Technical Management Business

Sep 23, 2021

Synergy Marine Pte. Ltd., a subsidiary of ship manager Synergy Group, will take over Maersk Tankers’ technical management business.“Maersk Tankers has been transformed from a traditional tanker company into a service company over the past few years…

Austal's CFO Resigns to Take Extended Break

Sep 23, 2021

Shipbuilder Austal's Chief Financial Office Greg Jason has tendered his resignation from the company, to take an extended break, the company said Thursday.Jason started with Austal almost 15 years ago, serving in both finance and operational roles…

Baltic Dry Index Hits 12-year Peak

Sep 22, 2021

The Baltic Exchange's main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rates across vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels…

Oldendorff Post-Panamax to Load Logs from New Zealand

Sep 22, 2021

A deal has been finalized that will soon see the largest vessel to ever call at New Zealand for the loading of logs.The deal between South Pacific Shipping (SPS) and Oldendorff Carriers was brokered by Braemar ACM’s Bruce McFarlane, a Mount Maunganui local…

New Marlink Application Partner Program Aims to Accelerate Digitalization

Sep 22, 2021

Marlink launched a new Application Partner Program aimed at supporting the increasingly rapid digitalization trend in maritime.To support the adoption of digital solutions, the program intends to provide direct digital enablement benefits to ship operators and application providers…

India Seizes $2.7 Billion of Afghan Heroin from Containership at Mundra Port

Sep 21, 2021

Indian officials said on Tuesday they had seized nearly three tonnes of heroin originating from Afghanistan worth an estimated 200 billion rupees ($2.72 billion) amid the chaos following last month's takeover of the country by the Taliban.Afghanistan is the world's biggest illicit opiate supplier…

Q88 Launches Q88PRO Data Platform

Sep 21, 2021

Maritime software company Q88 on Tuesday announced the launch of Q88PRO, a platform designed to provide shipowners a faster, simpler and more complete view of their fleet and the global tanker supply.The Q88PRO solution provides a view of the marketplace from a single…

US Grain Exports Rise as Terminals Recover from Ida

Sep 20, 2021

U.S. grain exports increased last week as shippers along the Louisiana Gulf Coast recovered from flooding and widespread power outages caused by Hurricane Ida's Aug. 29 landfall, but volumes were much lower than normal, preliminary data showed on Monday…

Crowley Names Messina VP Mergers & Acquisitions

Sep 20, 2021

Crowley Maritime Corporation announced it has appointed Massimo Messina as vice president, mergers and acquisitions (M&A).Based in Jacksonville, Fla., Messina will lead Crowley’s corporate expansion goals by identifying and assessing potential…

Severe Winds Cause Ship Breakaway, Damage at Port in New Orleans -NTSB

Sep 20, 2021

Severe, unforecasted winds caused a containership to breakaway from a pier and damaged equipment at the Napoleon Avenue Container Terminal in New Orleans on Aug. 2, 2020, according to the National Transportation Safety Board.As longshoremen…

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